Highlights
Dassault Systèmes: Raising 2022 EPS Objectives on
Good First Quarter Performance
(unaudited, all revenue growth rates in constant currencies)
Q1 2022 Results
- 1Q22 IFRS diluted EPS increased 51% to €0.20, as reported; non-IFRS diluted EPS grew 20% to €0.27, as reported
- 1Q22 total revenue and software revenue increased 8%, with licenses & other software revenue up 10% and subscription & support up 8% (non-IFRS)
- 1Q22 3DEXPERIENCE software revenue rose 21% (non-IFRS). Cloud software revenue also increased 21% (non-IFRS)
- 1Q22 cash flow from operations of €630 million (IFRS); set to achieve deleveraging well ahead of schedule
Q2 & 2022 Objectives (non-IFRS)
2nd Quarter
- Revenue Objective: €1.295 to 1.320 billion, growing about +9 to +11% in constant currencies
- Operating Margin Objective: 31.7% to 32.4%
- Diluted EPS objective €0.24 to 0.25, ranging from +11% to +16%
Year 2022
- Revenue Objective: €5.355 to €5.405 billion, growing about +9 to +10% in constant currencies
- Operating Margin Objective: about 33.4% to 33.7%
- Diluted EPS objective €1.04 to €1.06 ranging from +9% to +11%